State Farm
OverviewSuggest Edit
State Farm (also known as State Farm Mutual Automobile Insurance Company) is a company providing insurance, banking, and financial services. It offers vehicle, home and property, life and health, disability, identity restoration, and liability insurance, as well as vehicle and home loans, checking and savings accounts, and credit cards. The company also provides retirement and IRA (individual retirement arrangement), mutual funds, educational savings, estate planning, and annuities solutions.
| Type | Private | |
| Founded | 1922 | |
| HQ | Bloomington, IL, US | Map |
| Website | statefarm.com | |
| Employee Ratings | More | |
| Overall Culture | C+ | More |
Recent NewsAll News
- All Kids Bike Receives $25,000 Grant from State Farm Neighborhood Assist
- Contractors Insurance Market Players Analysis: Nationwide, State Farm, Allianz, AIG, Tokio Marine, Berkshire Hathaway, AXA
- $2 billion Lemonade is gearing up for an IPO. Here's why analysts aren't convinced it can successfully challenge State Farm and Allstate
- How State Farm took a new Alexa-enabled app for seniors from its internal innovation lab to a new company devoted to elderly care in one year
Key People/Management at State Farm
Michael Tipsord
Chairman, President, and CEO
Charles Bobrinskoy
Director
Dan Arvizu
Director
W. Steven Jones
Director
Debra Reed-Klages
Director
W. H. Knight
Director
State Farm Office Locations
State Farm has offices in Bloomington, Atlanta, Duluth, Greeley and in 2 other locations
Bloomington, IL, US (HQ)
1 State Farm Plaza
Atlanta, GA, US
236 Perimeter Center Pkwy NE
Duluth, GA, US
P.O. Box 588002
Greeley, CO, US
P.O. Box 339404
Richardson, TX, US
1251 State St
Tempe, AZ, US
400 E Rio Salado Pkwy building 2
State Farm Financials and Metrics
Summary Metrics
Founding Date | 1922 |
State Farm Revenue
State Farm's revenue was reported to be $81.73 b in Y, 2018 which is a 4.3% increase from the previous period.
| USD | |
|---|---|
Revenue (Y, 2018) | 81.7b |
Revenue growth (Y, 2017 - Y, 2018), % | 4.3% |
Net income (Y, 2018) | 8.8b |
| USD | Y, 2015 |
|---|---|
Revenue/Employee | 1.1m |
Financial Leverage | 2.9 x |
State Farm Cybersecurity Score
State Farm Online and Social Media Presence
105.22k Twitter followers
State Farm has 105.22k Twitter Followers. The number of followers has increased 0.1% month over month and increased 0.4% quarter over quarter
State Farm's Trends
Twitter Engagement Stats for @StateFarm
59.1k
Tweets
8.7k
Following
105.2k
Followers
378
Tweets last 30 days
7.4
Avg. likes per Tweet
33.3%
Tweets with engagement
State Farm Company Culture
Overall Culture
C+
67/100
CEO Rating
D
61/100
Compensation
B-
67/100
Diversity
C
64/100
State Farm News and Updates
November 04, 2020
All Kids Bike Receives $25,000 Grant from State Farm Neighborhood Assist
Thousands of NYC kindergartners will learn to ride a bike in PE class Thousands of NYC kindergartners will learn to ride a bike in PE class
August 19, 2020
Contractors Insurance Market Players Analysis: Nationwide, State Farm, Allianz, AIG, Tokio Marine, Berkshire Hathaway, AXA
Latest Industry Research: Covid-19 Impact on Global Contractors Insurance Market Size, Status and Forecast 2020-2026 Posted via Industry Today. Follow us on Twitter @IndustryToday
June 24, 2020
$2 billion Lemonade is gearing up for an IPO. Here's why analysts aren't convinced it can successfully challenge State Farm and Allstate
Lemonade is the latest SoftBank-backed company that's trying to go public, filing for an IPO earlier this month.
The fledgling insurance company has some things in common with WeWork, the SoftBank-backed coworking company that had to abandon its planned IPO last fall in the face of investor resist…
June 22, 2020
How State Farm took a new Alexa-enabled app for seniors from its internal innovation lab to a new company devoted to elderly care in one year
Many top corporations have internal innovation labs, but moving new products of features through those centers remains difficult.
State Farm is gearing up to launch a new, Alexa-enabled application for seniors that came out of its own innovation center.
To amplify the launch and future products,…
June 02, 2020
Kessler Topaz Meltzer & Check, LLP Files A Second Consumer Class Action Lawsuit Against State Farm For Denying Business Interruption Claims
RADNOR, Pa., June 2, 2020 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that it has filed another class action lawsuit against State Farm Mutual Automobile Insurance Company and State Farm Fire and Casualty Company ("State Farm Insurance Company") in the...
April 10, 2020
State Farm Auto is giving a 25% statement credit to customers due to COVID-19: What you need to know
In total, State Farm will return $2 billion worth of dividends to customers beginning on their June bills.
The State Farm Mutual Automobile Insurance Company has announced that it will apply up to a 25% credit to customers’ bills because there are fewer cars on the road as people drive less during t…
State Farm Frequently Asked Questions
When was State Farm founded?
State Farm was founded in 1922.
Who are State Farm key executives?
State Farm's key executives are Michael Tipsord, Charles Bobrinskoy and Dan Arvizu.
How many employees does State Farm have?
State Farm has 90,464 employees.
What is State Farm revenue?
Latest State Farm annual revenue is $81.7 b.
What is State Farm revenue per employee?
Latest State Farm revenue per employee is $903.5 k.
Who are State Farm competitors?
Competitors of State Farm include Farmers Insurance, Berkshire Hathaway and Progressive Insurance.
Where is State Farm headquarters?
State Farm headquarters is located at 1 State Farm Plaza, Bloomington.
Where are State Farm offices?
State Farm has offices in Bloomington, Atlanta, Duluth, Greeley and in 2 other locations.
How many offices does State Farm have?
State Farm has 6 offices.
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